402 Sand Fiddler Court, Morehead City, NC 28557
3 beds • 5 baths • 4174 sqft
$2,685,400
View on ZillowThis property looks like a bad Mid-Term investment with a projected -27.62% first-year return on $582k initial cash invested.
-27.62%
Cash On Cash
0.5%
Cap Rate
0.08
DSCR
$5,268
Rent
-$13,395
Cashflow
Cash Flow
$5,268 income − $18,663 expenses = $13,395 out of pocket
Investment Breakdown
|
Purchase Price
$2685k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$582k
Downpayment
20%
$537k
Closing costs
1%
$26,854
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$5,268
Total Expenses
$18,663
Mortgage P&I
271%
$14,293
Property Taxes
21%
$1,085
Home Insurance
27%
$1,398
HOA
2%
$96
Property Management
12%
$632
CapEx
4%
$211
Vacancy
3%
$158
Maintenance
4%
$211
Other
11%
$579